Mr. Simon Quick reports

CANADIAN COPPER ANNOUNCES CLOSING OF FLOW-THROUGH PRIVATE PLACEMENT

Canadian Copper Inc. has closed its non-brokered, flow-through share offering consisting of 3,140,754 flow-through shares of the company at a price of 75 cents per flow-through share for aggregate gross proceeds of $2,355,565.50. There were no warrants as part of this financing.

The purpose and use for this financing are described below:

1. Complete approximately 2,500 metres of diamond drilling, including downhole surveys, to target the open western copper mineralization extensions of the Murray Brook deposit;
2. Advance the company's understanding of the subsurface geological controls through geophysics and to assist in refining drill and regional exploration activities;
3. Complete a five-month regional exploration campaign across the 18-kilometre Caribou horizon.

The proceeds of the flow-through offering will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as both terms are defined in the Income Tax Act (Canada) related to the company's projects in New Brunswick, Canada. The company plans to incur qualifying expenditures on or before Dec. 31, 2027 (or such other period as may be permissible under applicable tax legislation), and to renounce all the qualifying expenditures in favour of the subscribers of the flow-through shares effective Dec. 31, 2026.

The company paid commissions to certain arm's-length third parties totalling $111,100.97 in cash. A statutory four-month-plus-one-day hold period will apply to all securities issued in connection with the flow-through offering expiring July 7, 2026. The flow-through offering is subject to Canadian Securities Exchange and regulatory approval.

About Canadian Copper Inc.

Canadian Copper is a Canadian-based mineral exploration company with a copper and base metals portfolio of historical resources and grassroots projects. The company is focused on the prolific Bathurst mining camp (BMC) of New Brunswick, Canada. There are currently 190,397,205 shares issued and outstanding in the company.

We seek Safe Harbor.